LATEST FIGURES

Rotorua Morning Post, Volume 1, Issue 175, 17 March 1932, Page 5

LATEST FIGURES

(Press Assn.-

inland revenue receipts closely approach estimates expenditure much reduced

— By Telegranh — Copyright.)

RUGBY, Tuesday. Revenue returns issued tor night, • giving the figures to last Saturday, leave no doubt that a balanced Budget will be successfully realised. , During the last w.eek the de- | ficit was reduced by £12,800,000, and amounted at the end of the veek to £24,200,000, compared with £44,100,000 011 the same date last year. The total reeeipts from inland revenue taxes since April 1, atnount to 1411,700,000, leaving £39,300,000 still to be collected to realise the revised Budget estimate of £451,000,000. Further reeeipts of £10,100,000 ffj]l bring the total of the ineome and surtax up to the aniount estimated to te received in the year. Customs and excise reeeipts are 19,400,000 up on last year, eompared uith an estimated increase in the whole year of £7,600,000. The total expenditure has amounte4to £807,300,000, whieh is £24,700,POO less than that to the corresponding date last year. The revised Budget contemplated a total reduction in the year of £16,200,000, but supplementary estimates of £500,000, have since been presented. The floating debt was reduced in the week by £10,100,000, and now jtands at £612,375,000, being £7,000,1)00 less than at the. corfesponding date last year.